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2-4 Hunns Lake Rd Stanfordville, NY 12581

For Sale
$699,000

Two buildings on one parcel with value-add potential.

Lot size:
1.13 Acres

Property Features for 2-4 Hunns Lake Rd

General Information

Lot size
1.13 Acres

Building Details

Year built
1800

Source: Compass Greater NY, LLC Agent Ryan Arket

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Income-Producing Asset in Stanfordville

This property presents an opportunity to acquire an income-producing asset with value-add potential, featuring two buildings on one parcel in the heart of Stanfordville. The site spans over an acre and has frontage on NYS Rt 82. The property comprises four units, including one vacant space previously used as a commercial office, with potential for residential conversion, and three occupied residential units. The property has a history of strong occupancy and cash flow, with opportunities for additional value enhancement. The site is located near the Stanford Fire house, Bank of Millbrook, Central Hudson Gas & Electric, and town municipal offices. Updates include a new roof on the two-family building, a new hot water heater, a new oil tank, and a new well pump, along with up-to-date routine mechanical servicing. The heating fuel is oil above ground. Parking features include a 2-car detached garage.
Location Intelligence

Current Use by Public Records

Office space

Suggested Use

Restaurant Law Firm Building Supply Auto Repair Shop Hair Salon Clothing Store Pharmacy Gym & Fitness Kitchen & Bath Food Market

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Stanfordville
County
Dutchess
State
New York
Longitude
-73.696208
Latitude
41.87297

FAQs

What type of property is this?
Mixed-use property - Two buildings on one parcel with value-add potential.
Where is this mixed-use property located?
The property is located at 2-4 Hunns Lake Rd Stanfordville, NY.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: - Income-producing asset with strong historical occupancy and cash flow.; - Value-add potential with a vacant commercial space suitable for residential conversion.; - Two buildings on over an acre in the heart of Standfordville with frontage on NYS Rt 82.
More about this property
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